Baretzky & Partners leaders are available to provide investigation and consultations on the most relevant global business risks, cyber risks and global affairs. Baretzky & Partners also provides research that explores timely business issues and trends to mitigate any risks.
One critical aspect of TPRM is managing border risks, which arise from the geographical locations and regulatory environments of these third parties. Border risks encompass a wide range of potential threats, including: Different countries have varying data protection laws (e.g., GDPR, CCPA). Third parties operating in jurisdictions with weaker data protection […]
NewsRroomIn today’s digital landscape, phishing remains one of the most prevalent and effective cyber attack methods, posing a serious threat to organizations of all sizes. Phishing attacks trick individuals into providing sensitive information, such as usernames, passwords, and financial details, or clicking on malicious links. […]
NewsRroomInsider threats arise when individuals within an organization—employees, contractors, or business partners—misuse their access to company resources, either intentionally or unintentionally. These threats can lead to data breaches, financial losses, and reputational damage. Effective management of insider risks involves identifying, assessing, and mitigating the potential […]
NewsRroomAML compliance involves implementing a robust framework that can detect, prevent, and report suspicious activities related to money laundering and terrorist financing. To achieve this, institutions should focus on several key areas. First, adopting advanced technologies like artificial intelligence (AI) and machine learning (ML) can […]
NewsRroomLegal data, including client records, contracts, intellectual property, and other confidential materials, must be safeguarded against unauthorized access, breaches, and other cyber threats. 1. Encryption: Encryption is essential for securing legal data. By converting data into a code, encryption ensures that even if unauthorized individuals […]
NewsRroomLegal risk management is a critical aspect of any organization’s operations. It involves identifying, assessing, and mitigating risks that could lead to legal consequences. In today’s complex regulatory environment, understanding and managing legal risks is essential to maintaining a company’s reputation, financial health, and operational […]
NewsRroomAt its core, IT risk management requires a strategic approach, where identifying, assessing, and mitigating risks are performed with a broad perspective. However, when micromanagement comes into play, this process can become fragmented and inefficient. One of the primary dangers is the stifling of innovation […]
NewsRroomThe rise of social media, global communication channels, and stakeholder activism means that a company’s reputation can be damaged swiftly and significantly, often with long-term consequences. Effective management of reputational risk involves identifying, assessing, and mitigating potential threats that could tarnish an organization’s image and […]
NewsRroomIt involves ensuring that all parties involved in a contract adhere to the agreed-upon terms and conditions, which can significantly reduce the likelihood of disputes and non-compliance issues. By embedding contract compliance into risk mitigation strategies, organizations can better manage uncertainties, protect their interests, and […]
NewsRroomHowever, these innovations come with significant regulatory and compliance challenges. One primary concern is the potential misuse of Generators AI to create misleading or harmful content. For example, AI-generated deepfakes can be used to spread disinformation, which raises questions about accountability and the need for […]
NewsRroomAt its core, deepfake technology uses artificial intelligence to create hyper-realistic but fake videos or audio recordings, often depicting individuals saying or doing things they never did. This creates a fertile ground for a range of cyber threats, from identity theft to sophisticated social engineering […]
NewsRroomIn today’s digital age, organizations collect and store vast amounts of data, making effective data management crucial for operational efficiency and competitive advantage. Data modeling, databases, and data privacy are key components of a comprehensive data risk management strategy, ensuring that data is accurately represented, […]
NewsRroomIt provides a structured approach to predicting and mitigating risks, thereby ensuring smoother operations and better decision-making. Two widely recognized frameworks in risk assessment are the 5Cs and 5Ps, each offering unique perspectives and tools for managing risks effectively. The 5Cs of Risk Assessment The […]
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